Data processing insurance

Data processing insurance,

Definition of Data processing insurance:

  1. Guarantee against loss on equipment and media related to data processing and extra cost of re-establishing normal business operations. Equipment is usually covered for specific risks or hazards (specified peril basis), whereas media is usually covered for all risks and hazards that might occur, except for those specifically excluded (all risk/all peril basis).

Meaning of Data processing insurance & Data processing insurance Definition